Stock market update: Nifty Bank index advances 1.31%

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The Nifty Bank index closed 1.31 per cent up at 50511.0.

NEW DELHI: The Nifty Bank index closed on a positive note on Tuesday. Shares of State Bank of India(up 2.91 per cent), Axis Bank Ltd.

(up 2.86 per cent), Bank of Baroda(up 2.83 per cent), Canara Bank(up 2.



68 per cent) and IDFC First Bank Ltd.(up 2.5 per cent) ended the day as top gainers in the pack.

On the other hand, Federal Bank Ltd.(down 0.15 per cent) finished as the top losers of the day.

The Nifty Bank index closed 1.31 per cent up at 50511.0.

Benchmark NSE Nifty50 index ended up 374.25 points at 22535.85, while the BSE Sensex stood up 1089.

18 points at 74227.08. Among the 50 stocks in the Nifty index, 49 ended in the green, while 1 closed in the red.

Shares of Vodafone Idea, YES Bank, Tata Steel, Zomato and Suzlon Energy were among the most traded shares on the NSE. Shares of Mangalore Chem, NACL Industries, India Shelter Finance Corp, Atal Realtech and InterGlobe hit their fresh 52-week highs in today's trade, while Precot Meridian, Gensol Engg, Accuracy Shipping, Modern Threads(India)Ltd. and Orchid Pharma hit their fresh 52-week lows.

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